Deutsche Bank, Commerzbank Edge Closer to Merger

The transcript discusses the potential merger involving Deutsche Bank and Commerce Bank, highlighting its inevitability and the economic pressures from the German economy. It explores the history of the merger talks since 2016, the role of Deutsche Bank in lending, and the challenges it faces. The discussion also touches on Deutsche Bank's global ambitions and the German government's stance on the merger.

What was the initial stance of Deutsche Bank's CEO, Christian Shaving, regarding the merger?

• He was against it.

• He had no opinion.

• He was in favor of it.

• He was unaware of it.

When were the initial merger talks between Commerce Bank and Deutsche Bank reportedly discussed?

• In the summer of 2016

• In the winter of 2018

• In the spring of 2015

• In the fall of 2017

What is the main goal of Germany in relation to the potential merger?

• To expand Deutsche Bank's global reach

• To provide loans to local companies

• To reduce the number of banks in Germany

• To increase investment in foreign markets

What has been a persistent issue for Deutsche Bank according to the transcript?

• Excessive investment in technology

• Over-reliance on local markets

• Lack of global presence

• Absence of postal banking services

How has Deutsche Bank adjusted its global ambitions recently?

• By expanding into new markets

• By scaling back significantly

• By focusing solely on Europe

• By maintaining the status quo